What kind of business can I start with 10000 Naira?

What business can I do with 10k?

The Best Businesses to Start With 10k

  • A Small Nest Egg Can Create Big Opportunities. …
  • QUIZ: WHAT BUSINESS IS BEST FOR YOU? …
  • Import/Export Business. …
  • Online Store. …
  • Framing Business. …
  • Senior Care Business. …
  • Hauling Service. …
  • Home Staging Business.

What can I invest with 10000 Naira?

4 Ways to Invest 10,000 Naira

  • Invest in an emergency fund. An emergency fund is an amount of money that you set aside for the sake of unplanned expenses. …
  • Invest in fixed income plans. We all have different risk profiles. …
  • Invest in real estate funds. …
  • Invest in a Stock Index.

Can you open a business with 10k?

You can get ideas to startup businesses under 10K. It is that easy today. Gone are the days of heavy investments and having a large capital. With only 10k or even less you can start your own business as per your choice.

IT IS INTERESTING:  Your question: What is a good yearly profit for a small business?

What are the top 10 most profitable small business in Nigeria?

Here are the most lucrative businesses in Nigeria:

  1. Oil and Gas business. The simple truth is that Nigeria and to a large extend, the world, still depends on oil and gas. …
  2. Agriculture business. …
  3. Food business. …
  4. Blogging Business. …
  5. Real Estate business. …
  6. Furniture business. …
  7. Hotel business. …
  8. Transportation business.

How can I make money with 10000?

Here are 5 smart ways to invest $10,000:

  1. Open a High-Yield Savings or Money Market Account.
  2. Invest in Stocks, Mutual Funds, or Bonds.
  3. Try out Real Estate Crowdfunding.
  4. Start your dream business.
  5. Open a Roth IRA.

How do you flip a 10k?

How To Turn 10k Into 20k

  1. Flip Stuff For Money. One of the more entreprenurial ways to flip 10k into 20k is to buy and resell stuff for profit. …
  2. Invest In Real Estate. …
  3. Invest In Cryptocurrency. …
  4. Start An Online Business. …
  5. Start A Side Hustle. …
  6. Invest In Stocks. …
  7. Invest In Debt.

What can I invest with 5 000 naira?

5 investment opportunities you can tap with N5,000 or less

  • Mutual fund. …
  • FGN Savings Bond. …
  • Stocks/ Equities. …
  • Fintech savings. …
  • Crowdfunding.

How can I make extra money in Nigeria?

In this post, we’ll be sharing some easy and legit ways to make some extra cash in your spare time.

  1. Publish Books Online. …
  2. Sell Designs & Creatives Online. …
  3. List on Property Websites. …
  4. Start a Blog or a Vlog. …
  5. Sell on E-commerce Websites. …
  6. Affiliate Marketing. …
  7. Offer Professional Services Online. …
  8. Become a Virtual Tutor.
IT IS INTERESTING:  How much money should be in a small business account?

What kind of business can I start with little capital?

If you want to start a low-cost business, these 25 ideas will help inspire your entrepreneurial passion.

  • Content creation. …
  • Personal or virtual assistant. …
  • Event planning services. …
  • Errand/concierge service. …
  • Professional reviewer. …
  • Social media consultant. …
  • Etsy shop. …
  • Online courses and tutoring.

How can I invest in 10k property?

Here’s where to invest 10k in real estate:

  1. Real Estate Partnerships. The easiest way to go about buying an investment property with as little as 10k is a real estate partnership. …
  2. Online Real Estate Ventures. …
  3. REITs. …
  4. A Below Market Value Rental Property. …
  5. Wholesaling Properties. …
  6. Rent Out a Room on Airbnb.

What business can I start with 10k in South Africa?

Here are 10 businesses you can start with under R 10,000.

  • Creating custom clothing. There are numerous opportunities online for people who can sew and design custom clothing for special events. …
  • A Vending Machine. …
  • Catering. …
  • Farming. …
  • Soap making and spa products. …
  • Photography. …
  • Transcribing. …
  • Party Rentals.

Which business can I start with 2million naira?

With two million naira in account, you can invest into businesses like recharge card dealership which allow you to represent the mobile telecommunication networks as a dealer for distributing or selling recharge cards and data bundles to subscribers/customers across the nation.

Which business is best for beginners?

Top 20 Business Ideas for Beginners

  • Translation Services. …
  • Accountancy Services. …
  • Event Planning & Management. …
  • Real Estate Agency. …
  • Recruitment Services. …
  • Yoga Center. …
  • Catering Business. …
  • Home Made Food Business. If you are good at cooking food you can start your own home made food business.
IT IS INTERESTING:  Frequent question: How does an entrepreneur creates an entrepreneurial culture?

What is the fastest growing business in Nigeria?

Fastest Growing Businesses In Nigeria

  • Catfish Farming. A lot of people have registered success as catfish farmers. …
  • Poultry Business. …
  • Real Estate. …
  • Haulage and outsourcing. …
  • Food Processing. …
  • ICT. …
  • Daycare Centre. …
  • Bottle/Sachet Water Production.